Home web3.0 Cointelegraph and CryptoQuant Release Comprehensive Research Reports on the TRON Network

Cointelegraph and CryptoQuant Release Comprehensive Research Reports on the TRON Network

Aug 06, 2024 pm 03:27 PM
tron Stability CryptoQuant Cointelegraph inelastic activity

Geneva, Switzerland – August 5, 2024 – Leading crypto media research arm Cointelegraph and leading crypto research platform CryptoQuant have released comprehensive research reports offering in-depth analyses of the TRON network.

Cointelegraph and CryptoQuant Release Comprehensive Research Reports on the TRON Network

Geneva, Switzerland – August 5, 2024 – Leading crypto media research arm Cointelegraph and leading crypto research platform CryptoQuant have released comprehensive research reports offering in-depth analyses of the TRON network. These reports highlight a continuous rise in network activity and emphasize TRON’s high transaction speeds, scalability, and cost-effectiveness, which make it a preferred blockchain network for everyday transactions.

Cointelegraph Research

Cointelegraph’s research provides an in-depth analysis of the TRON ecosystem and key features of the blockchain. The report reveals that, unlike other blockchain networks that are largely driven by incentive programs and speculative trends, TRON’s network activity is anchored by a robust and stable demand, creating a reliable source of protocol revenues. The research also highlights that the demand for USDT and other token transfers on TRON is remarkably inelastic, maintaining stability irrespective of the market sentiment.

Key Highlights:

Read the full research report from Cointelegraph here.

CryptoQuant Research

CryptoQuant’s research report offers an in-depth analysis of the TRON network, examining its fast transaction speeds and the TRC-20 USDT stablecoin activity. On-chain data reveals that most holders on TRON are classified as retail or small holders who use TRC-20 USDT for everyday transactions.

Key Analysis:

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